Thanks to a successful Series B capital raise, Unleash live is celebrating $17 million in new growth capital, valuing the start-up at more than $100 million.
The new investment will support the company’s continued expansion across international markets and strengthen its platform for enterprise and government customers in energy, utilities, transport and public safety.
Unleash live Co-Founder and CEO, Hanno Blankenstein, said the company is proud to have secured strong support in a cautious investment climate.
“This funding enables us to scale faster, deepen our AI computer vision product leadership, and expand into further global markets where infrastructure resilience and operational efficiency are critical.”
Mr Blankenstein said as ageing infrastructure and climate risk intensify, real-time data intelligence from the field is becoming essential.
“This investment recognises our client impact, the company’s momentum, market leadership, and high-quality execution since our inception in 2016.”
Unleash live’s said its growth trajectory has been defined by strong traction across Australia and New Zealand, North America and Europe.
Since its Series A raise in 2021, the company has expanded its customer base, launched its connected drone and robot automation Autofly product, developed its industrial AI App platform and deepened partnerships with hardware manufacturers and cloud platforms (i.e. Siemens, Nvidia, AWS, and MS Azure).
The company said this round of funding represents the next step in its growth trajectory and reflects continued confidence in the team, the platform, and the company’s growing impact with industrial clients, despite a cautious global venture capital environment.
The new capital will be used to:
- Scale commercial operations in key international markets, including the Americas and Europe
- Deepen Unleash live’s enterprise engineering and AI product teams’ expertise
- Expand deployment of its Integrated Analytics Services and Cloud AI platform
- Enhance research and development in automation and industry-specific applications
- Broaden Unleash live partnerships with leading industrial automation companies
